24 October 2014
   
New Zimbabwe Header
7,000 to attend MDC-T congress, Chamisa
Mujuru 'formed' Marange owner ACR
Zanu PF headed for devastating split
Resign or else, Grace tells VP Mujuru
Youth development fund looted: Nhema
Binga man axes 'witch' uncle, hangs self
Get rid of ‘ghost workers’, says IMF
Zim misses out as SADC booms
MORE NEWS
Restore confidence, IMF tells govt
Econet H1 profits down 30pc to US$50m
MORE BUSINESS
Fast and Furious star slams gay claims
TKay Maidza blows hot in Australia
MORE SHOWBIZ
Warriors tumble in Fifa rankings
Quincy Antipas a hit in Denmark
MORE SPORTS
Makanaka: Mazara ignorance and an apology
Ebola scourge: Wake up call for Africa
MORE OPINION
 
Libya: The tragedy of western intervention
Ministers: Technical competence or political value
MORE COLUMNISTS
 
 
$10m US fraud accused reach plea deal
08/12/2012 00:00:00
by Staff Reporter
 
Plea bargain ... Kudzaiishe Marimbire
 
RELATED STORIES
Missing Zim banker found dead in US
Zim man shot wife in face: US cops
Zim man in US $900k fraud probe
US $10m fraud fugitive dies in car crash
US jail for killer drink drive teen
7 Zimbabweans face $10m US fraud rap
US dirty dishes killer jailed 20 years
Guilty plea in US dirty dishes murder
Zim student shot, killed by US cops
Eight-year-old raises US$1,000 for Zim tot
US: Woman 'killed over dirty dishes'
Texas jail for $1,5m tax fraud man
Man held in US as partner found dead
Man held over Texas drink drive death
Zimbabwean held over Texas bank fraud
Jail for Zim man in $1m US tax fraud
Zim student in fatal balcony fall

TWO of the seven Zimbabwean men facing a US$10 million tax fraud rap in the United States have reached deals with prosecutors which will see their sentences reduced in return for cooperating with investigators.

Kudzaiishe Marimbire, 34, Hlomera Mabhande, 30, Johanes Tagarisa, 37, Kudzaishe Bungu, 26, Tawanda Marimbire, 23, Andrew Bere, 22, and Julius Marimbire, 32, are charged with using stolen identities to obtain US$10 million in fraudulent income tax returns in Cincinnati, Ohio.

But Bungu and Marimbire this week reached a deal with prosecutors which would significantly reduce their sentences.

Bungu now faces 10 years in jail from a possible 60 years after several other charges were dropped in return for cooperating with investigators. Marimbire is expected to finalise his deal early next month.

Authorities the seven men ran a tax preparation business in Cincinnati, and used identities of at least 658 people to file false returns, collecting between $2.4 million and $10 million since 2007.

“The defendants (allegedly) stole personal identifying information for thousands of actual people," said Carter Stewart, U.S. Attorney for the Southern District of Ohio.

"They allegedly used this information to file false federal income tax returns to obtain refunds, often before the actual taxpayers ever filed legitimate tax returns. The defendants usually received the fraudulent refunds on debit cards tied to the returns."

Once the false income tax refunds were deposited on the prepaid debit cards, the defendants and others working on their behalf allegedly cashed them in at ATM machines or by purchasing money orders.

The cash was allegedly sent through bank wires to co-conspirators in Africa and used by the suspects to buy expensive vehicles in the US and then transport them to Zimbabwe.

One of the accused men, Hlomera Mabhande, died in a car accident in Zimbabwe two months ago.



Advertisement


 
Email this to a friend Printable Version Discuss This Story
Share this article:

Digg it

Del.icio.us

Reddit

Newsvine

Nowpublic

Stumbleupon

Face Book

Myspace

Fark
 
 
 
comments powered by Disqus
 
RSS NewsTicker